Quick Takeaways
- This page summarizes PATRICK DEVAL L's Form 3 filing for Toast, Inc. (TOST).
- 0 reported transactions and 1 derivative row are listed below.
- Filing timestamp: 21 Sep 2021, 20:25.
PATRICK DEVAL L - 21 Sep 2021 Form 3 Insider Report for Toast, Inc. (TOST)
- Role
- Director
- Signature
- /s/ Brian R. Elworthy, as Attorney-in-Fact
- Issuer symbol
- TOST
- Transactions as of
- 21 Sep 2021
- Net transactions value
- $0
- Form type
- 3
- Filing time
- 21 Sep 2021, 20:25:39 UTC
- Previous filing
- 17 Sep 2021
- Next filing
- 27 Sep 2021
- SEC
- View on sec.gov
Quoteable Key Fact
"PATRICK DEVAL L filed Form 3 for Toast, Inc. (TOST) on 21 Sep 2021."
What Changed
- Previous filing in this sequence was filed on 17 Sep 2021.
- Current net transaction value: $0.
Why This Matters
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Source Evidence
Official SEC Source
See Original Filing
Ownership activity is grounded in SEC Form 3 disclosures.
Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)
TOST
holding
Derivative
Restricted Stock Units
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- Date
- 21 Sep 2021
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 22,930
- Exercise price
- Footnotes
- F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.
Explanation of Responses:
| Id | Content |
|---|---|
| F1 | Immediately prior to the completion of the Issuer's initial public offering, each share of Common Stock shall be reclassified into one share of Class B Common Stock in an exempt transaction pursuant to Rule 16b-7. Each outstanding share of Class B Common Stock will be convertible into one share of Class A Common Stock at any time at the option of the holder or automatically upon the occurrence of other events set forth in the Issuer's certificate of incorporation. |
| F2 | The Restricted Stock Units ("RSUs") shall vest in three equal annual installments over three years following February 22, 2021, contingent upon completion of the Issuer's public offering. |
| F3 | RSUs convert into Class B Common Stock on a one-for-one basis upon vesting and settlement. |
Remarks:
Exhibit 24 - Power of Attorney